According to the Russian newspaper 'Moskovskaya Pravda', the Kremlin confirmed on June 30 local time that the Russian government is negotiating with other countries for the purchase of petroleum products in order to stabilize supplies against the tight fuel market situation in the country. Previously, Ukraine carried out a series of drone attacks on Russian refineries and energy infrastructure, leading to fuel rationing measures in several regions of Russia.
On the 30th, Russian President's Press Secretary Peskov said during a regular press conference that “related discussions are underway”, but he refused to disclose the specific countries involved in the negotiations.
"If we can reach an agreement at a price level that is acceptable to us, then (import) will be pushed forward." Pestov said.
Last week, Reuters, citing industry sources, reported that Russia is considering importing 50,000 tons of AI-92 grade gasoline from Kazakhstan. Kazakhstani Energy Minister responded by saying that Russia has not yet submitted a formal purchase request.
Russian President Putin admitted this weekend that Russia is facing a shortage of fuel after recent attacks in Ukraine. He estimated that Russia's current gasoline reserves are about 1.7 million tons, which is a 4% decrease compared to the same period last year.
Russian deputy prime minister Novak said that importing gasoline is a "key measure" to stabilize domestic fuel markets.
According to the Moscow Times, although Russia is the world’s second-largest exporter of crude oil and the third-largest exporter of refined oil products, gasoline production has reportedly decreased by 25% due to the shutdown of several large refineries following attacks by Ukrainian drones. In addition, the current summer tourist season and agricultural production period means that fuel shortages may further exacerbate supply pressures. To address the supply crisis, the Russian government has implemented fuel rationing measures across the country.
